Non-Brokered Private Placement of up to $600,000 Announced by Mesa Exploration

Mesa Exploration Corp. (TSXV:MSA) announced a non-brokered private placement of gross proceeds of up to $600,000 or 1,200,000 units at a price of $0.50 per Unit.

As quoted in the press release:

Each Unit will consist of one common share (a “Share”) in the capital of Mesa and one non-transferable common share purchase warrant (a “Warrant”). Each whole Warrant will entitle the holder thereof to purchase one additional common share (a “Warrant Share”) in the capital of Mesa at a price of $0.75 per Warrant Share. The securities issued under the Offering will be subject to a four month hold period under applicable Canadian securities laws. The Offering is subject to TSX Venture Exchange approval.

Click here to read the Mesa Exploration Corp. (TSXV:MSA) press release